Evolution of Procurement

The presentation will tackle the critical need to transform current archaic way of doing procurement and transform it from reactive solution to proactive one. It will also address the key priorities of procurement function in our business model that is looking for responsiveness, differentiated products and flexibility.

How to attract skilled professionals and why is the continuous education training of existing staff necessary?

Transformation of procurement from reactive to proactive

Should procurement have a say in the overall business strategy?

Saying ‘Goodbye’ to decentralized buying – a new way to go?

What is the influence of digital technology on procurement and sourcing?

Quality Assurance as a Consumer Risk tool for cost cutting

To explore the various techniques of Quality Assurance to reduce the organization costs. The topic highlights the relationship between Consumer Risk and other departments. How Consumer Risk is used as a competitive tool to achieve sustainable saving. Highlight how to outsource noncore functions and utilize technology to work for you. This covers process automation, business process re-engineering, and process improvement.

The Important Role Risk Management plays in today’ s challenging economic conditions

The Impact of Supplier Relationships on Purchasing & Supply Chain

Ensuring the best prices through strategic sourcing is no longer perceived as a strategic capability of the procurement function. Strategic partnerships are at the top of the corporate agenda of many global organizations and managing supplier relationships is seen as one of the few remaining procurement topics that can still make a significant difference and drive a company’s competitive advantage.

Why is it important to establish alliances and strong relationships with key suppliers?

Objectives of an effective Supplier Relationship Management program with the key suppliers